About Namo E-waste Management Limited

Namo eWaste Management is an E Waste collection, disposal and recycling company that offers comprehensive services for recycling of electrical and electronic equipment (EEE) waste like Air Conditioners, Refrigerator, Laptop, Phones, Washing Machine, Fans etc. They are committed towards managing large volume of electrical and electronic equipment waste and able to extract all of the components of an electrical item including precious and semi-precious metals like Copper, Aluminium, Iron etc. Electrical and electronic equipment comprises of many complex materials like batteries, plastics, glass, and ferrous and non-ferrous metals. These materials must be processed carefully to avoid releasing harmful chemicals into the environment. They take steps to safely recover valuable commodities within e-waste for recycling and reuse. Additionally, they organize awareness campaigns, collection drives, and events to collect waste and promote public consciousness regarding its safe disposal.

As authorized recyclers they enter into procurement service contracts with these manufacturers and producers to pick up e-waste from their service centres, warehouses and retail outlets. Apart from this E-waste is also sourced through waste aggregators who collect eWaste from consumers by going door to door. They have engaged aggregators across various places in India who form a support for their e-waste collection for EPR. They reach out to their target audience for procurement of e-waste through various initiatives and marketing strategies like participation in various Events & Expos, conducting awareness campaigns at schools, Media Coverage like featuring in clean India Journal, Economic times, Dainik Bhasker, Delivering talks like speech Jitopreneurs, London etc. After procurement and processing the E-waste, they also issue a certificate of recycling/certificate of dismantling or green certificate (to producers/manufacturers who require to manage their obligation under E-waste Management Rule) which is authorized from the State Pollution Control Board(SPCB) and Central Pollution Control Board(CPCB).

ELECTRONIC WASTE AND INDIA
E-waste is any electrical or electronic equipment that’s been discarded. They are electronic products that are unwanted, not working, and nearing or at the end of their “useful life.” Computers, televisions, VCRs, stereos, copiers, and fax machines are everyday electronic products. 

E-waste is the fastest growing waste stream in India with 3.2 million tonnes of e-waste generated a year, third highest after China and USA (According to ‘Global E-waste Monitor 2020’). Fast growing ICT sector is one of the prominent contributors to this increasing number of e-wastes. Upgradation and faster obsolescence of electronic products make consumers discard their products quickly, which in turn accumulate huge e-waste to the solid waste stream. Another challenge is that major recycling of e-waste is handled by the informal sector. The methods used for recycling are primitive and hazardous. This adds to the problem of climate change and pollution in India. These prevailing challenges make e-waste sector a major focal point for both government and industry.

Waste management rules were introduced in India in 2011, keeping in mind the dominant role of informal sector and the health and safety challenges that come along with informal handling of e-waste. These rules came into effect from 1 May 2012. Later, e-waste management rules were notified in 2016 in response to implementation issues and other shortcomings of 2011 rules. These rules came into effect from October 2016. These rules were further amended in March 2018.

Objectives 
1. Environmentally sound and safe management of e-waste 
2. Promote sustainable technologies through authorized dismantlers and recyclers. 
3. Implement Extended Producer Responsibility (EPR) (as mentioned in 2016 rules). The EPR mechanism lays emphasis on producers’ responsibility for environmentally sound management of e-waste. 
4. Control and minimize e-waste handling and recycling by the informal sector. 
5. Promote the establishment of an efficient e-waste collection mechanism, through buy-back and take-back systems.

EPR PORTAL FOR E-WASTE MANAGEMENT
Extended Producer Responsibility (EPR) of producers are regulated through grant of Registration Certificate and issue Recycling Targets / EPR obligation. For Registration Certificate and Recycling Targets / EPR Obligation producers under these Rules (definition given below) are required to apply on the EPR Portal at the URL eprewastecpcb.in to CPCB. This E-Waste EPR Portal is an online E-Waste Management System, where applicant producers can apply online for grant of Registration Certificate and Recycling Targets / EPR obligation. All the stakeholders like Producer, Recyclers, Refurbishers and Manufacturers are required to register themselves on this system. The CPCB shall generate Extended Producer Responsibility Registration Certificate of Producers through the portal in favour of a Producer on receiving the required information on the portal as per the SOP. The producer shall fulfill their extended producer responsibility through online purchase of extended producer responsibility certificate from registered recyclers only and have to submit it online by filing quarterly return. ‘Producer’ means any person who, irrespective of the selling technique used such as dealer, retailer, e-retailer, etc. (i) manufactures and offers to sell electrical and electronic equipment and their components or consumables or parts or spares under its own brand or (ii) offers to sell under its own brand, assembled electrical and electronic equipment and their components or consumables or parts or spares produced by other manufacturers or suppliers or (iii) offers to sell imported electrical and electronic equipment and their components or consumables or parts or spares.

NAMO E-WASTE MANAGEMENT LIMITED COMPETITIVE STRENGTHS
1. A dedicated service provider for collection, management and recycling of E-waste material through in-house factory unit
2. Stringent quality control mechanism ensuring standardized product quality
3. Diversified revenue from multiple geographies
4. Synergy of young and experienced management team

NAMO E-WASTE MANAGEMENT LIMITED STRATEGIES
1. Expand their Domestic presence in existing and new markets
2. Setup of new integrated factory unit through our subsidiary i.e. Techeco Waste Management LLP
3. Focus on consistently meeting quality standards
4. Scale up branding and promotional activities

NAMO E-WASTE MANAGEMENT LIMITED RISK FACTORS & CONCERNS
1. They are an authorised E-waste recyclers to carry on the business of Ewaste collection, disposal and recycling and any failure to renew it in a timely manner may result in fines, legal penalties, or even business shutdown.
2. They are primarily dependent upon few key suppliers within limited geographical location for collection and recycling of electronic waste.
3. They generate their major portion of sales from their operations in certain geographical regions
4. If there is delay in setting up of proposed factory unit or if the costs of setting up and the possible time required to set up Proposed factory unit by their subsidiary i.e. Techeco Waste Management LLP, are higher than expected, it could have an adverse effect on their financial condition, results of operations and growth prospects.
5. Their historical performance is not indicative of their future growth or financial results and they may not be able to sustain their historical growth rates.